Algeria Energy Headlines

Algeria: “No need for foreign stimulus package to overcome financial crisis”, Finance Minister

Algerian Finance Minister declared Sunday that despite current economic down-turn of the Algerian economy due to acute collapse of oil price, Algeria does not need foreign intervention to balance its budget, saying that the government will lean on domestic economic potential to keep its head above water. “Algeria does not need foreign debt, it needs […]

Headlines Libya

Libya: political agreement due for September 20, Leon exalted

The ongoing Libyan dialogue in Geneva may yield a quick agreement by September 20 according the UNMIL Chief Bernardino Leon who praised the climate of talks. The UN envoy for the Libyan political crisis sounded very optimistic on the second day of the dialogue that has registered the participation of the hardline General National Congress […]

Headlines Tunisia

Tunisia: security stepped up to ward off eminent attacks

The Tunisian Interior ministry on Sunday warned that eminent terrorist attacks were looming on capital city Tunis and ordered stepping up security measures. The interior ministry said it received intelligence reports about unnamed terrorists plotting attacks against sensitive and vital sites in Tunis using car bombs and explosive belts. According to an interior ministry official, […]

Algeria Headlines

Algeria calls for security partnership with Chad and Niger

The foreign ministers of Algeria, Chad and Niger met in Algiers on Sunday to discuss the security challenges facing the Sahel region with emphasis on the ongoing Libyan war while showing support for the implementation and respect of the peace agreement in Mali. Algeria’s Minister of Maghreban, African and Arab Affairs Abdelkader Messahel said that […]

Egypt Headlines

Egypt calls for urgent consultations on Ethiopian dam

Egypt has called for urgent consultations with Ethiopia and Sudan over the construction of the Grand Ethiopian Renaissance Dam (GERD) after the consultancy firms contracted to submit a report on the impact of the dam on the Nile failed its deadline twice. Cairo has always stressed that the dam will affect the livelihood of its […]

Headlines Morocco Uncategorized

Morocco-elections: The two major duelists share top spots

Communal and regional elections were held in Morocco on Friday and the winners are without contest the Authenticity and Modernity Party (PAM) and the ruling Party for Justice and Development (PJD/moderate Islamist,) led by the head of the Government Abdelilah Benkirane. The PAM (Liberal, opposition) won the communal polls and came in second in the […]

Algeria Headlines

Algeria: Bouteflika strengthens power with crackdown on security officials

President Bouteflika seems to be solidifying his position, according to experts, by arresting several top security officials and by sacking or ordering the resignations of others with the help of his allies, amongst them the army chief of staff Ahmed Gaid Salah. The arrest of the anti-terrorism chief and the sacking of top officials in […]

Headlines Tunisia

Tunisia: Political parties form coalition against Economic Reconciliation bill

Five Tunisian parties decided to form a national coordination committee to pressure the government to withdraw and review the controversial Economic Reconciliation bill. The decision by the 5 Tunisian parties, namely Al-Jamhouri, Ettakattol, the Democratic Alliance, the Democratic Current and Echaab Movement, was made at a meeting on Friday. They have also decided to stage […]

Business Headlines Morocco

Morocco Taps into Business Aviation Market

Morocco’s economic capital city of Casablanca hosted during the past few days (Sept.1-2) an important business aviation show which gathered nearly 60 exhibitors including major world operators in the industry. The event, organized by the Middle East and North Africa Business Aviation Association (MEBAA) and F&E Aerospace, was an opportunity for visitors, particularly CEOs and […]

Egypt Headlines

Egypt: Money bag Sawiris wants to save illegal migrants

Egyptian business tycoon Naguib Sawiris invited Greece and Italy to let him buy an island where he will house illegal migrants fleeing their counties. Sawiris said his offer will help migrants start a new life and build their own country. “Greece or Italy sell me an island, I’ll declare its independence and host the migrants […]